Given a Stock Index with a Value of $1,000, an Anticipated

question 71

Multiple Choice

Given a stock index with a value of $1,000, an anticipated dividend of $30, and a risk-free rate of 6%, what should be the value of one futures contract on the index?

• A) $943.40
• B) $970.00
• C) $1,030.00
• D) $915.09
• E) $1,000.00

---

Definitions:

First-line Manager

The lowest level of management, directly supervising non-managerial employees and overseeing daily operations.

Troubled Employee

An employee experiencing personal or professional difficulties that may affect their job performance and behavior.

First-line Manager

A manager at the lowest level of an organization who directly manages the work of non-management employees.

Performance-related Problem

Issues associated with an employee's work, such as failing to meet job requirements or standards.